SSD reported modest 1.2% net sales growth in 3Q24 despite challenges in the US and European housing markets. The company's strategic acquisitions of Monet DeSauw and QuickFrames USA are expected to expand its product offerings and market reach. The facility expansions in Ohio and Tennessee are on track for 2025 completion, which will enhance future manufacturing capabilities.
SSD's third-quarter 2024 results reflect a mix of modest net sales growth and ongoing challenges in profitability amid pressures in housing markets.
Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q3 2024 Earnings Conference Call October 21, 2024 5:00 PM ET Company Participants Kimberly Orlando - Investor Relations, ADDO Investor Relations Michael Olosky - President and Chief Executive Officer Brian Magstadt - Chief Financial Officer and Treasurer Conference Call Participants Daniel Moore - CJS Securities Timothy Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings and welcome to the Simpson Manufacturing Company Third Quarter 2024 Earnings Conference Call.
Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q2 2024 Earnings Conference Call July 22, 2024 5:00 PM ET Company Participants Kim Orlando - IR, ADDO Investor Relations Mike Olosky - President & CEO Brian Magstadt - CFO Conference Call Participants Daniel Moore - CJS Securities Tim Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings and welcome to the Simpson Manufacturing Company's Second Quarter 2024 Earnings Conference Call.